Philips to pay $7M for price-fixing scheme affecting millions of Washingtonians
Many Washingtonians who purchased TVs and computer monitors between 1995 and 2007 will receive restitution through a claims process
OLYMPIA — Attorney General Bob Ferguson today announced that Philips, a multinational electronics company, will pay $7 million as part of the Attorney General’s price-fixing lawsuit against manufacturers of cathode ray tubes, or CRTs, a technology once ubiquitous in television screens and computer monitors.
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